Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0451%/8h= +49.4% APRpaid last 24h −0.025%

Price spread now: Binance against Polymarket Perps+0.064%7-day average +0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$410.405% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.377%−$38 on $10k

Price spread, last 7 days−0.068%−$7 · spread now +0.064%, 7d avg +0.015%

Together, before fees−0.445%−$45 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Binance is 0.049% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.377%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps XMR-USD	575.09	0.0100	pay 0.0013% / 1h	44m 29s	$28K	$1.7M	5x
Short	Binance XMRUSDT	575.46	0.0551	get 0.0551% / 8h	44m 29s	$52.3M	$119.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.064%Rate

Funding earned: $94.78
Price spread: +0.064% → +0.015%: $4.91
Slippage, 4 orders: −$22.52
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $59.17
Costs to cover: 0.405%
Break-even: 2.6 days

Slippage from Polymarket Perps: live order book, 4 min ago; Binance: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 4 min ago	3.20 bp	7.4 bp −$7	7.7 bp −$77	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.09 bp	12.5 bp −$12	26.2 bp −$262	77.1 bp −$7,707	doesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0004%	1h	575.16	+0.012%	$33K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.297%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	577.49	+0.417%	$1.0M	$543K	10x	as long as short
Polymarket Perps XMR-USDlong	+0.0100%	1h	575.09	long leg	$28K	$1.7M	5x
SunX XMR-USDT	+0.0100%	8h	575.39	+0.052%	$2K	$1.4M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.35	+0.045%	$1.1M	$1.3M	20x	as long as short
Extended XMR-USD	+0.0104%	1h	575.44	+0.061%	$3.0M	$8.0M	25x	as long as short
Aevo XMR-PERP	+0.0224%	1h	576.65	+0.271%	$12K	—	3x	as long as short
Lighter XMR	+0.0272%	1h	575.48	+0.068%	$3.1M	$5.9M	10x	as long as short
KuCoin XMRUSDTM	+0.0285%	8h	575.06	−0.005%	$45.5M	$20.3M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid XMR	+0.0291%	1h	575.43	+0.059%	$87.2M	$62.7M	5x	as long as short
SoDEX XMR-USD	+0.0493%	1h	576.00	+0.158%	$438K	$3K	5x	as long as short
Bybit XMRUSDT	+0.0498%	8h	574.98	−0.019%	$46.6M	$54.6M	75x	as long as short
BingX XMR-USDT	+0.0537%	8h	575.61	+0.090%	—	$5.4M	—	as long as short
Bitget XMRUSDT	+0.0541%	8h	575.59	+0.087%	$9.5M	$11.1M	50x	as long as short
Binance XMRUSDTshort	+0.0551%	8h	575.46	+0.064%	$52.3M	$119.7M	75x
MEXC XMR_USDT	+0.0556%	8h	575.42	+0.057%	$20.2M	$11.1M	100x	as long as short
Gate XMR_USDT	+0.0568%	8h	575.33	+0.042%	$1.5M	$2.8M	50x	as long as short
dYdX XMR-USD	+0.0571%	1h	575.19	+0.018%	$104K	$29K	5x	as long as short
Paradex XMR-USD-PERP	+0.0578%	8h	575.52	+0.074%	$8K	$3K	20x	as long as short
Backpack XMR_USDC_PERP	+0.0607%	1h	575.72	+0.110%	$175K	$475K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.0615%	1h	574.90	−0.034%	$5.4M	$12.1M	50x	as long as short
Aster XMRUSDT	+0.0707%	8h	575.40	+0.054%	$643K	$1.7M	75x	as long as short
Pacifica XMR	+0.0735%	1h	575.58	+0.085%	$270K	$836K	10x	as long as short
BloFin XMR-USDT	+0.0884%	8h	576.13	+0.181%	$2.7M	$10.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0898%	8h	577.40	+0.401%	$344K	$652K	10x	as long as short
Variational Omni XMR	+0.0942%	8h	576.14	+0.183%	$6.2M	$2.3M	—	as long as short
Nado XMR-PERP	+0.1126%	1h	575.68	+0.103%	$1.3M	$434K	10x	as long as short
Orderly PERP_XMR_USDC	+0.1167%	8h	575.88	+0.137%	$40K	$510K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1170% / S −0.1547%	1h	574.99	−0.017%	$599K	—	100x	as long as short
Aftermath Perps XMRUSD	+0.1784%	1h	576.56	+0.256%	$1K	$40K	10x	as long as short